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Listed 29 days ago

204 Compton Avenue

6002 - Woodroffe, Woodroffe

$1,140,000

Detached|3-Storey
7 | 3 | 4
About this home

DEVELOPERS, INVESTORS & MULTI-GENERATIONAL FAMILIES - a rare opportunity in the heart of Woodpark. Situated on an oversized 80' x 80' lot with N3B zoning, 204 Compton Avenue offers exceptional flexibility, immediate usability and significant long-term potential. For developers, the substantial lot size creates an exciting opportunity to explore a variety of low-rise residential development options, including the potential for a 4-12 unit project, subject to applicable zoning provisions, setbacks, servicing requirements and City approvals. For investors, the existing three-storey home features 7 bedrooms and 2 kitchens, creating the potential to generate rental income while planning for future redevelopment or holding for long-term appreciation. For multi-generational families, the home's size and layout provide the space, separation and versatility needed to comfortably accommodate extended family under one roof. The location is equally impressive - on a quiet, family-friendly street in the hub of Woodpark, just 6 doors from the LRT, one street from Woodroffe Public School, and close to Carlingwood Shopping Centre, the Ottawa Public Library and the Ottawa River pathways. Whether your plan is to develop, invest, hold for the future or create a multi-generational home, the oversized lot, prime location and flexible existing residence make 204 Compton a truly unique opportunity. Buyers to complete their own due diligence regarding zoning, development potential, servicing and future use.

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agent
Ephy Bookbinder
(416) 838-4804
TypeDetached
Style3-Storey
Approx. AgeNot available
Size2000-2500 sq. ft.
Property Tax$6,640
Lot Size80 ft x 78.48 ft
mls© NumberX13818008
Listed ByINNOVATION REALTY LTD.

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$5,835
Property tax
$553
Heat allowance
$150
Housing costs
$6,538 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $228,000
25-yr amortization

Income needed

$201,000

gross annual household income

Payment at 4%
$4,797 / mo
Cash down
$228,000

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Values and trends

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